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From a technical perspective, a sustained move above 23,600 could pave the way for the Nifty to test 23,800-24,000, provided Brent crude remains below $102 and bond yields ease, according to Hariselvan Radhakrishnan, Founder and CEO of HST Wealth. On the downside, a break below 23,000, he believes, could bring 22,800-22,600 into focus, particularly if crude prices or US Treasury yields rise again. Against this backdrop, shares of RVNL, Lenskart Solutions, Mazagon Dock, Maruti Suzuki India, Nestlé India and several other companies are likely to remain in focus on Monday following key corporate announcements. RVNL Rail Vikas Nigam (RVNL) has received a Letter of Acceptance worth Rs 404.88 crore from East Coast Railway for works related to the third railway line on the Bhadrak-Vizianagaram section. The project covers 385 km, including the Nergundi-Barang and Khurda Road-Vizianagaram stretches. Mazagon Dock Mazagon Dock Shipbuilders has signed an MoU with National Shipbuilding and Heavy Industries Park-AP to develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh. The company plans to invest around Rs 15,000 crore in the project over the next five to seven years. Lenskart Solutions Lenskart Solutions is expected to see a block deal worth around Rs 2,047.4 crore, according to reports. Platinum Jasmine A 2018 Trust is expected to offer shares at a floor price of Rs 682.45 apiece. Kalyan Jewellers Kalyan Jewellers has invested Rs 350 crore in its wholly owned subsidiary Candere Lifestyle Jewellery through a rights issue. The company subscribed to 17.5 lakh shares at a premium of Rs 2,000 per share, with the allotment completed on September 19. Maruti Suzuki India Maruti Suzuki India has introduced automatic S-CNG versions of the Swift, Dzire and Baleno. The new variants pair CNG powertrains with automated manual transmissions (AMT) under the automaker’s “Auto Green Mission”. NMDC State-run iron ore producer NMDC has set a target of achieving net-zero operational emissions by 2047. The target covers Scope 1 emissions from direct fuel consumption and Scope 2 emissions associated with electricity use. Manipal Health Enterprises Manipal Health Enterprises, operator of Manipal Hospitals, has redeemed Rs 5,310 crore of listed non-convertible debentures issued by its wholly owned subsidiary, Manipal Hospitals Private. VIP Industries VIP Industries has approved a proposal to raise up to Rs 500 crore during FY27. The luggage and travel accessories maker disclosed the proposed fundraise in a regulatory filing on Friday. Nestlé India FSSAI has initiated legal action against Nestlé India over alleged regulatory non-compliances involving NAN Excella Pro Stage 1 and Lactogen Pro 1. Nestlé India said the products comply with applicable regulations and that their labels had been approved by an FSSAI expert committee. ALSO READ: Ahead of Market: 10 things that will decide stock market action on Monday Nibe Nibe has entered into an MoU with France’s Naval Group covering naval shipbuilding and defence technologies. The proposed areas of cooperation include underwater drones, submarine systems, mine countermeasure systems and naval weapon-launching systems. Shilpa Medicare Shilpa Medicare said a USFDA surveillance inspection at its Analytical Services Division in Hyderabad has concluded. The inspection resulted in one procedural observation. HEG Advanced Materials HEG Advanced Materials, formerly known as HEG, said its subsidiary Replus Engitech has received orders from Indus Towers for the supply of lithium-ion battery banks. ALSO READ: Rs 4,169 crore IPO rush this week: 19 issues to open for subscription; NSE to lead 12 listings GR Infraprojects NHAI has fixed September 7 as the appointed date for GR Infraprojects’ Agra-Gwalior Greenfield Road project. The appointed date triggers the project’s contractual obligations and related timelines. Embassy Developments Embassy Developments has approved a proposal to raise up to Rs 160 crore through the issue of up to 16,000 non-convertible debentures on a private-placement basis. Each NCD will have a face value of Rs 1 lakh, with the securities potentially issued in multiple tranches. Unichem Laboratories Unichem Laboratories has received an Order-in-Appeal involving Rs 93.66 crore in penalty and interest in a GST-related case concerning the cross-charge of common services. The liability comprises an Rs 87 crore penalty and Rs 6.58 crore in interest. Welspun Enterprises Welspun Enterprises’ material subsidiary Welspun Michigan Engineers has secured two World Bank-funded sewer rehabilitation projects from the Ahmedabad Municipal Corporation worth Rs 351.24 crore. The larger order, valued at Rs 229.48 crore, involves the rehabilitation of the main trunk sewer line in western Ahmedabad. Puravankara Puravankara’s wholly owned subsidiary Provident Housing plans to launch Provident Equinox 6 in Bengaluru on September 20. The project is the sixth phase of the existing Provident Equinox development. Refex Industries Refex Industries has secured a contract worth around Rs 160 crore from a public sector undertaking in Madhya Pradesh for lifting pond ash and fly ash under the road-cum-rail mode. The contract has an 18-month execution period, with scope for extension by mutual consent. Disclosure: This article has been written by Kumar Gaurav, who is not a SEBI-registered Research Analyst or an investment advisor. Gaurav does not hold any financial interest in the company as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of the Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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